Thungela names De Beers’ Madondo as new CEO

The executive joins Thungela as the coal producer is expanding its operations in Australia.

Reuters | January 21, 2025 | 7:14 am

China buys less Russian coal in 2024 despite record imports

While Russia remained China's number-two coal supplier it was the only key producer whose shipments to China fell in 2024.

Reuters | January 20, 2025 | 8:55 am

Glencore open to deals as investors brace for more mining M&A

Potential M&As were the main interest for investors in the sector in 2024, but BHP’s failed bid for Anglo cooled deals down.

Reuters | January 20, 2025 | 6:48 am

Rio Tinto and Glencore spoke for months about deal that was once taboo

The news of Glencore and Rio’s discussions “has turned up the temperature on an already simmering M&A environment,” RBC Capital Markets analyst says.

Bloomberg News | January 17, 2025 | 2:40 pm

Rio Tinto and Glencore discuss potential merger

A $160 billion Rio Tinto-Glencore combination makes sense in a copper-centric world, but we've been here before.

Frik Els | January 16, 2025 | 1:46 pm

Rio Tinto, Glencore discuss mining’s biggest-ever potential merger

Combining the two businesses would potentially create a behemoth to leapfrog longstanding industry leader BHP Group.

Bloomberg News | January 16, 2025 | 12:16 pm

China extends coal imports lead over India to widest in more than a decade

Chinese coal imports hit a record 542.7 million metric tons in 2024, customs data showed.

Reuters | January 16, 2025 | 10:11 am

Value of 50 biggest mining companies drops by $126 billion

The world’s biggest miners are now worth $1.35 trillion after losing a combined $126 billion over the course of 2024 as the copper rally faded and gold stocks once again underperformed bullion.

Frik Els | January 15, 2025 | 11:25 am

Biden signs executive order to power-up AI infrastructure

The push for data centre storage power is set to boost mining for energy transition metals such as silver for solar panels, copper for wiring, and lithium, cobalt, manganese, iron, nickel and vanadium for batteries.

Trish Saywell | January 14, 2025 | 3:12 pm

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S.Africa’s Richards Bay exports up 10% in 2024 amid rail improvement

Trump’s coal comments to Davos audience boost US miners

South Africa’s mining industry reports lowest number of deaths last year

NGOs expose global surge in new met coal mines, expansions

China may seek more coal from Mongolia as Russia’s share shrinks

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